logo


Holzer Holzer & Fistel, LLC Announces Investigation Into Purchase of Black & Decker Corp.
Tuesday, November 03, 2009 10:29 AM


Nov. 3, 2009 (GlobeNewswire) --

ATLANTA, Nov. 3, 2009 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating whether Black & Decker Corporation ("Black & Decker" or the "Company") (NYSE:BDK) directors complied with their fiduciary duties in approving the proposed buyout of Black & Decker by Stanley Works. ("Stanley"). According to the Company's press release of November 2, 2009, Black & Decker shareholders will receive 1.275 shares of Stanley stock in exchange for each Black & Decker share they own. The investigation seeks to determine, among other things, whether the deal price is fair and adequate.

Current holders of Black & Decker common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.

CONTACT:  Holzer Holzer & Fistel, LLC
          Michael I. Fistel, Jr., Esq.
            mfistel@holzerlaw.com
          Marshall P. Dees, Esq.
            mdees@holzerlaw.com
          (888) 508-6832
          200 Ashford Center North, Suite 300
          Atlanta, GA  30338
(Source: iStockAnalyst )


(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Advertisement
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia